Iranian banks reconnect to SWIFT: CBI
The Central Bank of Iran (CBI) announced on Sunday that the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has removed Iranian banks from its list of sanctioned financial institutions. ‘Iranian banks will be reconnected to SWIFT without discrimination and the main obstacle on the way of Iranian banks’ international links…
Kuwaiti banks ready for cooperation with Iran in post-sanction era
Kuwaiti banks and businesses are ready for resuming cooperation with Iranian banks, Kuwaiti daily al-Rai said on Tuesday. The daily wrote that resumption of banking operation with Iran does not need a go-ahead of Kuwait Central Bank following cancellation of US and European sanctions. It said that Iran was under…
Iranian banks to open in India
India’s media reported on Thursday that two major Iranian private sector banks will soon open branches in India, stressing that the measure is meant to energize commercial ties between New Delhi and Tehran. The decision was amongst a slew of commercial measures taken by the India-Iran Joint Commission that met…
